Title
Resolution to Approve the Memorandum of Intent and Ann Arbor Skatepark Fund Agreement for the Development of a Skatepark at Veterans Memorial Park
Memorandum
Attached for your review and action is a resolution to approve the Memorandum of Intent (
MOI) between the City and the Ann Arbor Skatepark Action Committee and the Ann Arbor Skatepark Fund Agreement between the City, the Ann Arbor Skatepark Action Committee, and the Ann Arbor Area Community Foundation for the development, construction, operation, and maintenance of a skatepark facility at Veterans Memorial Park.
There is significant community interest and support to develop a skatepark in a City park. The Ann Arbor Skatepark Action Committee has been working with City staff and the Parks Advisory Commission to address issues and create a plan for the development of a skatepark in a City park. As a result of those efforts, the Parks Advisory Commission passed a resolution on May 20, 2008 recommending that City Council approve a proposed location of Veterans Memorial Park. The proposed
MOI and Fund Agreement are a result of collaborative work between City staff, Skatepark Action Committee members and Ann Arbor Area Community Foundation staff.
The proposed
MOI and Fund Agreement stipulate that the Ann Arbor Skatepark Action Committee shall raise funds for the design, construction, operation and maintenance of the Skatepark and will work together with the City regarding the design, construction, operation and maintenance of the skatepark. Funds will be collected and held by the Ann Arbor Area Community Foundation and will be distributed to the Ann Arbor Skatepark Action Committee and City as the project elements are underway. 10% of all funds raised will be put in an endowed fund for operations, maintenance, and future improvements to the skatepark.
The Memorandum of Intent demonstrates how the City and Ann Arbor Skatepark Action Committee will work together toward completion of the Skatepark, and ...
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